Sharika Enterprises Limited Secures ₹2.83 Crore Order for 11 KV Sectionalizers Supply
Sharika Enterprises Limited has secured a ₹2.83 crore order from Sarthak Enterprises for supplying 11 KV sectionalizers to DGVCL Surat. The domestic contract, valued at ₹2,82,90,000, has a completion timeline of 10-12 weeks and involves no related party transactions or promoter group interests.

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Sharika enterprises Limited has announced securing a substantial order worth ₹2.83 crore for the supply of electrical equipment. The company received this order from Sarthak Enterprises under Regulation 30 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.
Order Details and Specifications
The contract involves the supply of 11 KV sectionalizers specifically for DGVCL Surat operations. The order carries a total value of ₹2,82,90,000 (Rupees Two Crore Eighty-Two Lakh Ninety Thousand), representing a significant business opportunity for the company.
| Parameter | Details |
|---|---|
| Contracting Entity | Sarthak Enterprises |
| Product Type | 11 KV Sectionalizers |
| End Customer | DGVCL Surat |
| Contract Value | ₹2,82,90,000 |
| Completion Timeline | 10-12 Weeks |
| Contract Nature | Domestic |
Contract Terms and Timeline
The agreement specifies a completion period of 10-12 weeks for the entire supply order. This timeline indicates the company's commitment to delivering the electrical equipment within a defined schedule to meet DGVCL Surat's operational requirements.
Regulatory Compliance and Transparency
Sharika Enterprises Limited has confirmed that this contract does not involve any related party transactions. Additionally, the company has disclosed that neither the promoter, promoter group, nor group companies have any interest in Sarthak Enterprises, the entity that awarded the contract.
Corporate Governance Aspects
The order announcement was made through proper regulatory channels, with Company Secretary and Compliance Officer Pushpa Yadav signing the disclosure document. The company has fulfilled its obligations under SEBI circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, ensuring complete transparency in contract disclosure.
This domestic order strengthens Sharika Enterprises Limited's position in the electrical equipment supply sector, particularly in the power distribution segment serving utility companies like DGVCL Surat.
Historical Stock Returns for Sharika Enterprises
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -5.32% | -15.21% | -11.42% | -26.84% | -46.70% | +46.84% |






































